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Spacious Night Club

Undisclosed Shropshire
Situated in a parade, excellent trading position, approx. 300 yards from town centre, SHROPSHIRE

ADVERT NUMBER : 39419
ADVERT IMPRESSIONS : 29,525 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Wine Bars
SALE: Agent Sale

LEASEHOLD:

£75000
 

BUSINESS DETAILS:

Features : Full On Licence. Music LicenceWe understand the premises are licensed for 340 personsGROUND FLOOR. Large bar with air conditioning. Spacious dance area with stained wooden floor. Bar with 9 hand pumps, 4 single door glass fronted counter fridges, glasswasher, 2 computerised tills (on rental).Ladies' cloakroom with 2 w.c's, wash hand basin Gentlemen's cloakroom with urinal, 2 w.c's, wash hand basin Large fully equipped kitchen, however, we understand no catering is undertaken at present.FIRST FLOOR. Air conditioned. Large stained wooden floor. Additional large bar with 4 double door glass fronted counter fridges, 2 computerised tills (on rental). 4 settees. Tables and chairs providing seating for 30 persons. Ladies' cloakroom with 4 w.c's, 2 wash hand basinsGentlemen's cloakroom with w.c. urinal, wash hand basinWalk-in coldroomOfficeTHIRD FLOOR. Large area, not utilized at present, however, in our opinion having potential for additional living accommodation, if desired.Location : Situated in a parade, excellent trading position, approx. 300 yards from town centre, SHROPSHIREOpening Hours : Wednesday - 8 p.m. - 1 a.m.Friday & Saturday - 8 p.m. - 2 a.m. Sunday - 8 p.m. - 1 a.m.Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit in excess of 65%.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £41,600 p.a. exclusive of rates, fixed for the remainder of the term.Uniform Business Rates: £7,500 p.a. approx. RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 or near offer plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : Situated on the FOURTH FLOOR. Self contained accommodation utilized by the manager at present, comprising:4 Bedrooms (2 doubles, 2 singles)Bathroom with bath, w.c. and wash hand basinLarge LoungeKitchenStaff : At present operated by a full time manager plus the assistance of up to 7 part time bar staff, when required. In addition door staff are supplied by a security company.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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